CFSL Integrated Report 2023

NON-EXECUTIVE DIRECTOR David Somen holds a Law Degree from Oxford University and an MBA from Harvard Business School. He is the co-founder and Managing Director of Virtual IT Limited, a UK-based IT managed services and security provider. He is also the co-founder and Chairperson of Eldama Technologies Limited, one of Kenya’s leading cloud and IT services providers, a cofounder and director of Serenity Spa, Kenya’s leading spa and wellness organisation, and a co-founder and Chairman of Jani Beauty, a manufacturer of African sourced sustainable body and facial products. Prior to Eldama and Virtual IT, David was the co-founder and Executive Deputy Chairperson of AccessKenya Group, Kenya’s leading corporate Internet Services Provider which was listed on the Nairobi Stock Exchange and later sold to Dimension Data Group, as well as the co-founder and CEO of the LCR Telecom Group, which was sold to NASDAQ listed PRIMUS Telecommunications. He also has several years of experience working for McKinsey & Co in London and Hong Kong and serves on the board of Enasoit Ranch and is a trustee of May Measurement Month, an international hypertension charity. David is currently the Chairperson of Cim Credit Kenya Ltd (Aspira), Cim’s Kenyan financial services business. David is also the Chairman of the Corporate Governance and Conduct Review Committee of CFSL. Directorship in other listed companies: none NON-EXECUTIVE DIRECTOR Colin was appointed as a Non-Executive Director of CFSL in March 2010 and served as Chairperson of the Board from January 2017 to July 2020. He is currently the Chairperson and CEO of Taylor Smith Investment Ltd, a diversified group of companies involved in Marine Services, Logistics and Distribution, Manufacturing, Services and Property. Colin is also the Chairperson of Lavastone Ltd, a company which acquires, develops, leases and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues. Colin holds an MSc in Management from Imperial College, London and a BSc (Hons) in Engineering with Business Studies from Portsmouth Polytechnic. He is also a member of the Board Investment Committee of CFSL. Directorship in other listed companies: Non-Executive Director of Lavastone Ltd David Somen Colin Taylor 7 8 Continued Directors’ Profiles 24 CIM FINANCE ANNUAL REPORT

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